Trade Ideas to Follow This Week
EUR/USD 4H chart EUR/USD surged after Powell’s speech on Friday…
EUR/USD: "V-Top" at the local high
2019-11-11 • Updated
The price has been rising since a "Triple Bottom" was formed at the last low. However, bulls faced resistance at 1.1122, so there's an opportunity to have a downward correction towards the nearest support at 1.1066. If we see a pullback from this level, we should keep an eye on resistance at 1.1122 - 1.1152 as the next bullish target.
We've got a "V-Top" at the local high. If this pattern confirms, bears are likely going to test support at 1.1066. Meanwhile, if we a pullback from this level happens, bulls will try to push the price even higher.
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WTT: Currency Pairs To Trade In April
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
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